The average rate on 30-year fixed home loans registered at 6.3% for the week ending Sept. 25, up from 6.26% last week.

The Federal Reserve is cutting its benchmark interest rate as the U.S. economy faces headwinds, including a faltering labor market.

As policymakers weigh the merits of lower US borrowing costs after the Federal Reserve cut its key interest rate in September ...

Federal Reserve Chair Jerome Powell on Tuesday signaled a cautious approach to future interest rate cuts, in sharp contrast ...

The Federal Reserve announced its first rate cut of the year, bringing its key interest rate down to a range of 4% to 4.25%.

Fed rate cuts can make home equity loans more affordable. Here's what a $60,000 home equity loan costs monthly now.

The Federal Reserve just issued its first interest rate cut since 2024. Here's what it could mean for mortgages.

The Fed's latest rate cut took mortgage rates to a three-year low, creating significant savings for borrowers.

"The labor market is really cooling off," said Fed Chair Jerome Powell, who's been under unprecedented pressure to slash ...

Savers will be getting less of a bang for their buck as the Fed drops interest rates. While financial institutions tend to be slow to lower the rates they charge borrowers, they’re quicker to drop the ...

Coming up at 9 a.m. on Tuesday, MPR News guest host Catharine Richert and senior economics contributor Chris Farrell talk ...

By Dr. Mike Walden Recently, the Federal Reserve (the “Fed’) cut its key interest rate.  This was their first rate cut in nine months. Although the reduction was modest — one quarter of one percent — ...